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    Lake Mills, IA Apartment Buildings for Sale

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    Northwood, IA Forest City, IA Kiester, MN Walters, MN Albert Lea, MN Clear Lake, IA Crystal Lake, IA Rake, IA
    8-Unit Apartment Building
    Updated: Jun 5
    8-Unit Apartment Building

    207 S Lake Street, Lake Mills, IA 50450

    $150,000
    0.20 AC lot
    8 total apartments: six one‑bedroom units and two two‑bedroom units
    Several units feature newer flooring and paint
    Constructed in 1880
    Vinyl siding exterior
    Hot water heating system
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Mills, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    03-307-309 2nd Street NW, Waseca, MN 56093

    $525,000
    0.54 AC lot

    Combination of occupied apartments and self-storage units supports two established commercial uses.

    View details
    5-Unit Brick Apartment Building
    5-Unit Brick Apartment Building

    407 5th Street NW, Mason City, IA 50401

    $285,000
    0.20 AC lot

    Apartments span two floors and a lower level, with keyed entry and shared laundry facilities.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    407 5th NW, Mason City, IA 50401

    $285,000
    0.20 AC lot

    Residents have access to controlled entry, on-site laundry, and individual storage rooms.

    View details
    Mixed-Use Property with Storage
    Mixed-Use Property with Storage

    307-309 2nd Street Northwest, Waseca, MN 56093

    Contact for pricing

    The nine apartments are fully occupied, and tenants pay their own heat and electric.

    View details

    Lake Mills, IA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Lake Mills, IA on our real estate platform.

    Sale prices for apartment complexes in Lake Mills, IA average $150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,001
    Population Growth (5Y) +10.9%
    Median Household Income $76,522
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Lake Mills submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50450 $150K

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $24.95 per SF
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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